Sales Finance Companies

Common Tasks

• Submit a Form
• Read the Statutes
• Frequently Asked Questions about obtaining a sales finance license
• Read the Administrative Rules (Bkg. 76)
• Guaranteed Asset Protection (“GAP”) Information
  • 2008 Plain Dealing Article about GAP (PDF: 747 KB / 2 pages)
  • 2004 GAP Approval Letter issued by the Wisconsin Department of Financial Institutions (PDF: 409 KB / 1 page)
  • GAP Log ( PDF) ( Excel) ( HTML)
  • Credit Insurance Log with GAP ( PDF) ( Excel) ( HTML)

Licensed under Sec. 218.0101 to 218.0163, sales finance companies provide financing for automobiles. Holders of sales finance licenses include banks, loan companies, motor vehicle dealerships, savings institutions, and companies specializing in sales finance contracts.